Global challenges weakening global trade fiber
India’s June ’25 Gem & Jewellery exports remained weak! India’s Gem & Jewellery (GJ) exports continued to face headwinds even in June 2025, weighed down by ongoing geopolitical tensions, disrupted supply chains, and the absence of a consistent import policy from the United States. Compounding the challenges, a weakening global trade environment & marked by rising protectionist policies replacing the spirit of globalisation, further dampened market sentiments and trade flows. According to recently released figures, India's gross exports of Gems & Jewellery stood at US$ 1,626.96 million (₹13,978.98 crore) in June 2025, reflecting a year-on-year decline of 14.25% (or 11.73% in INR terms) compared to US$ 1,897.25 million (₹15,836.94 crore) in June 2024. Similarly, gross imports for the month of June 2025, were recorded at US$ 1,549.17 million (₹13,308.49 crore), showing a moderate drop of 2.96% (or 0.11% in INR terms)...